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Search Results 0 to 7 of about 8 (some duplicates have been removed)
Dec 5, 2012 12:00pm PST
but it gets back to the issue of where are the power levers and the forcing mechanisms to make the government deal with the deficit? that's not coming from the markets. the bond market is saying here's the money you want and we're kind of creating these things out of nowhere to force us to deal with the long-term deficit problem but the short term markets aren't doing it. >> neil, talk about these markets you speak of. i want to play a clip of maria the other day. >> the markets right now are expecting a deal. the markets have been trading fine. if we don't gate deal, we are going to see a sizable decline in stocks. we are going to get a big disappointment. >> markets will be disappointed. the markets have expectations. who is this mr. markets that is endowed with the personality anç expectations and is this monolithic creature that will respond to, you know, what's going on in washington? are we giving the markets a little bit too much personality here? >> well, yeah. i mean, obviously the market is millions of people and institutions all over the world deciding whether to buy stocks or bon
Dec 6, 2012 12:00pm PST
members of the house but people who are anti-politics in a certain kind of way from the tea party, anti-government, anti-compromise, when they come in to your group, it is impossible to lead. by the way, imt not someone who at any point criticized john boehner's leadership skills. i believe all those criticisms were misplaced. he had a problem with who got elected under his party banner. it's not that previous speakers were better leaders than he was. previous speakers didn't have as many crazy people in the room with him. >> that's a good point. >> let's see how much the republicans appreciate his sage counsel if he says guys, we have to hike rates. i'm waiting for that. speaking of that, lawrence, i know you were there in washington when the clinton rates that we're all talking about now went into effect back in 1993. you probably remember the republicans saying there would be a second recession and millions of jobs lost and none of of that happened in the 1990s. now we're back at the point where democrats for a decade have fought the lower rates and saying we need clinton rates. if it's going t
Dec 12, 2012 12:00pm PST
, the tax hikes that fund the government for eight days have been completely feddishized by both sides. they are a fetish to democrats who think or are acting like they are an economic solution. they are not in and of themselves. the gop fetishized them to sound like the end of the world. they are not. the republicans need to begrudgingly accept the tax hikes and obama and the democrats need to come with spending cuts. unless we treat this like it's an actual problem and not just political theater, all of this stuff is meaningless. totally meaningless. >> the thing i would say on that is it's less like an economic plan and more like fairness and people feeling like they are not getting the raw end of the deal. >> that's political and that's fine. i understand the political argument for it. they are acting like this is going to solve a lot of problems and it's not. republicans are acting like it is going to be the end of the world and it's not. we need to just swallow this bitter pill and move forward and talk about tax reform and entitlement reform and the things we need to address our
Dec 7, 2012 12:00pm PST
people to work cleaning up. all the national guardsmen arrive. they go on the government payroll, and if they stay a couple of weeks employers replace them. they put somebody else on the payroll. there were ordinarily hourly workers who didn't get to work and filed for unemployment, but by and by this is not an unemployment creator. >> you know, jared, i have a question for you here. first, i do want to mention a little detail from the report. the job creation numbers for october and september were revised downward. the obvious answer is the books were cooked by a chicago guys. if you want to offer an apology to jack welch, i'll let you do that. >> i decidedly do not. what's your question, sir? >> it's an open invitation. >> the serious question i have for you is i know this is something you've been looking at and writing, and it's the effect of long-term high unemployment like we've been having on wages. can you tell us what you see there? >> i will. i will. let me underscore one point below that. this is not a stellar jobs report. you mentioned the downward provision. the decli
Dec 11, 2012 12:00pm PST
because it saves some money but it basically -- it saves the federal government money. it costs more money in the long run. it puts people at the mercy of the private money. the center of american progress shows that at least 500,000 sign yours uninsured living in states with republican governors or have otherwise said they will not participate in the affordable care act so there's a kind of blithe assumption by liberals that we have obama care and seniors could go in the mix. well, they can't if they live in states where the governor will not add medicaid dollars or not set up an exchange, so it creates more suffering and it's also so class biassed. i think it's the single best example when this is bandied about as we're protected in the little bubble of suffering and michigan discussion got in to this, too. but, you know, yes, life expectancy increased over the last 20 years. but mainly that's for people at the top of the income level. for lower incomes seniors it's barely increased at all so there's all these assumptions of good for people on the open market longer, that's not true. it'
Dec 10, 2012 12:00pm PST
of marriage act requires the federal government to treat edie and thee as strangers. if thea had been tom, it would have been zero. several lower courts found doma unconstitution and it was just a matter of train before edie and the freight train that is the movement woot encounter anthony, aka anthony kennedy. when the supremes get down to assessing doma, we can expect the conservatives to defend doma and the liberals to strike it down. the comp significance of the majority will be determined by the votes of chief justice roberts who has shown he's willing to leave the conservatives if he feels the court's legacy is in peril and kenne kennedy. he wrote the constitution prohibits laws singling out a certain class of citizens for disfavored legal status. it appears doma will get tossed in the dust bin of history. the courts other gay rights case comes from california which gave gays the right to marry and then with proposition 8 took it away. taking away an existing right because of animus was prohibited by the court in a '96 decision authored by justice kennedy. but where the doma case as
Search Results 0 to 7 of about 8 (some duplicates have been removed)